Welcome to our dedicated page for Farmers & Merchants Bancorp In SEC filings (Ticker: FMAO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Farmers & Merchants Bancorp, Inc. (NASDAQ: FMAO) is an Ohio-incorporated financial holding company and parent of The Farmers & Merchants State Bank. As an SEC registrant under Commission File Number 001-38084, it provides a range of regulatory filings that document its financial condition, governance and material events. This page brings those filings together with AI-powered tools to help interpret the information.
Investors can review current reports on Form 8-K, where Farmers & Merchants Bancorp, Inc. discloses quarterly and year-to-date earnings, including consolidated net income, net interest income, loan and deposit balances, asset quality indicators and capital ratios. Some 8-K filings also furnish investor presentation materials under Regulation FD, and report board changes such as the appointment of new directors and related compensation details.
In addition to 8-Ks, the company references its annual reports on Form 10-K and quarterly reports on Form 10-Q in safe harbor statements. These periodic reports, accessible via EDGAR, provide more extensive detail on the bank’s commercial and retail banking activities, loan portfolio composition, credit risk management, use of non-GAAP financial measures and other disclosures relevant to a savings institution and community bank.
On this page, real-time updates from the SEC’s EDGAR system are combined with AI-generated summaries that explain key sections of lengthy filings. The platform highlights important items in 10-K and 10-Q reports, clarifies terminology and points out changes across reporting periods. Users can also access information related to governance and potential insider activity through forms such as Form 4 when available. This helps readers quickly understand how Farmers & Merchants Bancorp, Inc.’s regulatory disclosures relate to its profitability, capital position, loan quality and community-banking strategy.
Farmers & Merchants Bancorp Inc Chief Risk Officer Eric D. Faust reported an open-market sale of common stock. On March 2, 2026, he sold 275 shares at $25.9200 per share and now holds 4,460 shares of the company’s stock directly.
Farmers & Merchants Bancorp Inc. President and CEO Lars B. Eller reported a tax-related share disposition. On March 2, 2026, 1,140 shares of common stock were transferred back to the company at $25.86 per share to cover federal, state, and local taxes on 4,800 vested stock-award shares. After this tax-withholding disposition, Eller directly held 27,855 common shares.
Farmers & Merchants Bancorp Inc. executive Barbara J. Britenriker reported a tax-related share disposition. On the vesting of 2,100 common shares from stock awards under the Long Term Incentive Plan, the Company repurchased 221 shares at $25.86 each to cover federal, state, and local taxes. Following this tax-withholding disposition, she directly owns 31,490 common shares.
Farmers & Merchants Bancorp, Inc. provides a detailed overview of its 2025 business, regulatory environment, and risk profile as a community bank holding company serving Northwest Ohio, Northeast Indiana and Southeast Michigan. The company operates one banking segment focused on commercial, agricultural, residential and consumer lending, plus wealth management and insurance services.
The bank highlights extensive supervision by the Federal Reserve, FDIC and state regulators, and confirms its bank subsidiary was well capitalized as of December 31, 2025. Net interest spread improved to 2.65% in 2025 from 2.05% in 2024 following interest rate cuts. Uninsured deposits based on FDIC coverage were 20.6% of total deposits, with total uninsured deposits (including protected public funds) at 12.8%.
The filing outlines numerous risks, including credit concentrations in real estate and agriculture, liquidity and interest rate risk, model risk under CECL, cybersecurity and fraud, climate-related pressures on the agricultural sector, competition from larger banks and fintechs, and emerging technologies such as artificial intelligence and quantum computing. It also notes a July 7, 2025 Community Reinvestment Act rating of “Satisfactory” and a workforce of 474 full-time equivalent employees.
FARMERS & MERCHANTS BANCORP INC executive vice president Barbara J. Britenriker reported a bona fide gift of 1,500 shares of common stock on 2026-02-26. The shares were transferred at a reported price of $0.0000 per share, leaving her with 31,711 common shares held directly after the transaction.
Farmers & Merchants Bancorp, Inc. reported stronger results for the 2025 fourth quarter and full year, with both earnings and profitability metrics improving. Fourth-quarter net income rose to $9.8 million, or $0.71 per share, up from $8.4 million, or $0.61 per share, a year earlier. For 2025, net income increased 28.4% to $33.3 million, or $2.43 per share, compared to $25.9 million, or $1.90 per share.
Net interest income after provision for credit losses grew to $102.2 million for 2025, up 19.3%, supported by a higher net interest margin of 3.28% versus 2.72% in 2024. Total loans, net grew 5.9% to $2.71 billion, deposits increased 1.6% to $2.73 billion, and total assets reached $3.43 billion.
Credit quality remained solid with net charge-offs to average loans at 0.03% for 2025, though nonperforming loans rose to 0.42% of total loans from 0.12%. Capital strengthened, as stockholders’ equity increased 10.6% to $370.9 million and the Tier 1 leverage ratio improved to 8.81%. The company raised its annual dividend for the 31st consecutive year, with 2025 cash dividends of $0.90 per share and a lower payout ratio of 36.67%.
Farmers & Merchants Bancorp, Inc. is launching a new stock repurchase program. On January 27, 2026, the board authorized the company to buy back up to 650,000 shares of its common stock, described as approximately 4.7% of shares outstanding.
The program runs from January 27, 2026 through December 31, 2026. Repurchases may be made in the open market or through privately negotiated transactions, giving the company flexibility in how it executes the buybacks.
Farmers & Merchants Bancorp, Inc. (FMAO) director Ian D. Boyce reported an open-market purchase. On 11/05/2025, he acquired 403.62 shares of common stock at $24.66 per share (Transaction Code: P).
Following the transaction, Boyce beneficially owns 2,563.21 shares, held directly. No derivative securities were reported in this filing.
Farmers & Merchants Bancorp, Inc. (FMAO) reported an insider transaction on a Form 4. A director purchased 150 shares of common stock on 10/31/2025 at a price of $23.37 per share.
Following the purchase, the director beneficially owns 2,159 shares held directly. This filing reflects a routine insider acquisition and does not include derivative transactions.
Farmers & Merchants Bancorp, Inc. (FMAO) director reported an open-market purchase. On 10/30/2025, the reporting person bought 2,329 shares of common stock at $23.42 per share (Transaction Code: P).
Following the transaction, the filing lists 32,165.6 shares held directly. It also shows indirect holdings of 4,118.41 shares by trust and 3,011.49 shares by spouse. No derivative securities were reported in Table II. The filing was signed by /s/ Melinda L. Gies, Attorney in Fact on 10/31/2025.